In my view accidental synchronisation of highly confidential information between internet-enabled devices is one of the biggest security loopholes of the decade. The fact that manufacturers can do this, seemingly without consent, is immensely worrying and something that as a business owner you need to take VERY seriously. You might be careful with your passwords and devices, but are your staff?
So there I was on a rainy Sunday afternoon, contemplating finding an alternative to Patreon for certain online services. Patreon is great but I’ve never been comfortable with my supporters on the platform having to pay VAT (Value Added Tax) since I’m personally not VAT registered and don’t need to charge VAT… so my supporters shouldn’t have to pay it. I then stumbled down a rabbit hole of EU VAT regulation, MOSS and a bunch of other stuff that left me wondering whether folk in the EU are going to end up completely excluded from global digital downloads from smaller independent creators?
It’s that time of year again! January is tax return time in the UK! For the first time in… as long as I can remember, the HMRC systems have had a bit of an update! Let’s have a look at what a UK self assessment tax return looked like in 2019.
Continue reading “My Tax Return for 2017/18 Tax Year”
I’m often asked how I have the time to run more than once business. The answer is – I’m organised! If I wasn’t organised there’s no way on earth I’d get everything done that I want to get done. Today I’m going to explain my start of year routine and we’ll have a little chat about SMART objectives.
Let’s have a little chat about record keeping in the UK! As a self employed person, you must keep records to back up the information you put on your self employed tax returns. You can keep paper records, electronic records (e.g. in a spreadsheet) or you can use software. So what sort of information do you need to keep track of?
The UK tax year for self employment and personal tax runs from 6th April to the following 5th April. An unusual set of dates considering most countries run from 1st January. Ever wondered why the UK tax year starts on 6th April? Let me try to explain…
We’ve all been there, you feel ill and not very productive. You want to know if you should forge on or just give up for the day. Dealing with illness when you’re self employed is a challenge for any business. Taking time off results in not making any money. So, how do you make the best use of your time when you’re under the weather?
I’ve been self employed in the UK for over 20 years. In that time I’ve also worked for conglomerates and set up my own limited companies. In that time I’ve picked up quite a few tips I’d love to share with you. Here are my top 10 self employment tips in the UK for 2018.
The 2018/19 tax year in the UK runs from 6th April 2018 to 5th April 2019. Tax returns for this tax year are generally due by 31st January 2020. Here are some of the most common at-a-glance figures you might need for this tax year.
Sometimes being self employed can fee like you’re the only person on the planet who works by themselves. Let’s take a look at the self employment landscape in the UK in 2018.